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  • Federal Reserve Board Announces The Approval Of A Policy Statement On Equity Investments In Banks And Bank Holding Companies

    Date 22/09/2008

    The Federal Reserve Board on Monday announced the approval of a policy statement on equity investments in banks and bank holding companies. The policy statement provides additional guidance on the Board's position on minority equity investments in banks and bank holding companies that generally do not constitute "control" for purposes of the Bank Holding Company Act.

  • Xasax Joins Exegy Ticker Plant’s Growing Customer List

    Date 22/09/2008

    Exegy, Inc., the innovator behind the Exegy Ticker Plant (www.exegy.com/tickerplant)announced today that Xasax Corporation has become the newest Exegy Ticker Plant customer.

  • Federal Reserve Board Announces That Goldman Sachs And Morgan Stanley Transactions May Be Consummated Immediately

    Date 22/09/2008

    Based on consultation with the Department of Justice regarding the applications of Goldman Sachs and Morgan Stanley to become bank holding companies, the Federal Reserve Board announced on Monday that the transactions may be consummated immediately without the application of the five-day antitrust waiting period.

  • CME Group To List Electronic Lumber Contracts

    Date 22/09/2008

    CME Group, the world's largest and most diverse derivatives exchange, announced today that Random Length Lumber futures and options on futures contracts will be expanded and offered on CME Globex® beginning October 20. The electronically traded contracts will be listed alongside and be fungible with the lumber contracts that have traded in open auction since 1969.

  • Cory Strupp Joins SIFMA’s Lobbying Team

    Date 22/09/2008

    The Securities Industry and Financial Markets Association (SIFMA) today announced the addition of Cory Strupp to SIFMA’s legislative affairs team as managing director. Strupp will work across the many issues in SIFMA’s portfolio and report to Michael Paese, SIFMA’s executive vice president of global advocacy.